| Latest Forum Topics / QT Vascular |
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MERCURIUS CAPITAL INVESTMENT
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sklong138
Elite |
26-Oct-2021 13:32
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Yes, something is brewing , similar trading pattern when there is some good news to be announced.  | ||||
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lucskywalker
Senior |
26-Oct-2021 10:16
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how u know? everytime like this....... | ||||
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colincheong
Senior |
26-Oct-2021 09:30
Yells: "Huat Ah...." |
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Something brewing.   |
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sklong138
Elite |
26-Oct-2021 09:18
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Still holding well
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lucskywalker
Senior |
25-Oct-2021 17:18
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Seems going back down ???? @.@  | ||||
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sklong138
Elite |
19-Oct-2021 11:36
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Holding well. 🥂 | ||||
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peterwong321
Veteran |
19-Oct-2021 08:43
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QT VASCULAR LTD. (Company Registration No.: 201305911K) (Incorporated in Republic of Singapore) UPDATE ON THE POTENTIAL LEGAL PROCEEDINGS WITH INNORA GMBH Unless otherwise defined herein, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Company&rsquo s previous announcements dated 27 August 2020 and 30 August 2021 which highlighted the InnoRa Dispute. The Board of Directors of QT Vascular Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries, &ldquo Group&rdquo ) would like to update that on 13 October 2021, the Company&rsquo s wholly owned subsidiaries, TriReme Singapore Pte Ltd and Quattro Vascular Pte Ltd, had filed for a demand for arbitration against InnoRa GmbH (&ldquo InnoRa&rdquo ) with the American Arbitration Association&rsquo s San Francisco regional office, seeking declaratory judgements and damages of not less than USD1,000,000 from InnoRa (&ldquo Notice of Arbitration&rdquo ). For the avoidance of doubt, InnoRa has not responded to the Notice of Arbitration nor commenced any formal legal proceedings against TriReme Medical LLC as at the date of this announcement. The Company will update the Shareholders as and when there are any material updates to the aforementioned arbitration, including its financial effects on the Group. BY ORDER OF THE BOARD Eitan Konstantino Chief Executive Officer 18 October 2021 This announcement has been reviewed by the Company&rsquo s sponsor, PrimePartners Corporate Finance Pte. Ltd. (" Sponsor" ). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the &ldquo Exchange&rdquo ) and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Income at Raffles,
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sklong138
Elite |
19-Oct-2021 01:06
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Let' s the market decide tomorrow.    If you have sold your shares today, then you can forget to monitor the share movement of this counter and there is no need to argue about it. For those who have bought the shares,  just hold tight tight & looking forward to more positive news.
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waitlonglong2011
Senior |
19-Oct-2021 00:53
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2 things you mentioned.    a) Today' s trading likely due to and positive acquisition. b) InnoRa has a weak case against QT' s subsidaries. Both I guess may not be correct.  a) only 48Millions of shares done and value is only $283,114.... this is too small a value if any institutes would like to buy up today.  And why it is so coincident with the news out on the same day and at the weird hours 11.13pm? b) QT and it' s subsidiaries already announced that they are disputing and already engaged a lawyer firm.  So, there should have some correspondences going on between the 2 organisations to buy for time on the disputes and InnoRa' s representative lawyer may have agreed to give QT time.  However, all these in between correspondences will not required to be publicly announced, I supposed. |
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sklong138
Elite |
19-Oct-2021 00:39
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I don' t think SGX will query on this as insider trading. The buying up of today shares is mainly due to the earlier announcement made by QT in Sep 2021 that the finalization of Dental Asia Acquisition will be concluded in Nov 2021 which is next month, around the corner & now is the time to load the shares. The update by QT of the legal proceeding case is to announce whether InnoRa will proceed to file a claim against QT subsidaries TriReme.  Apparently based on today QT announcement ,  InnoRa did not file any claim against QT' s subsidiaries,  instead QT' s subsidiaries file a claim against InnoRa.  Looks like QT' s subsidiaries have a strong case against InnoRa & good chance to be awarded the damages of not less than USD 1,000,000.00.  Looks like InnoRa has a weak case against QT' subsudaries , otherwise why InnoRa till todate is not filing any claims against QT' s subsidiaries.     
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waitlonglong2011
Senior |
19-Oct-2021 00:33
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Lastly, what you know about the case and standpoint from InnoRa and what are the reasons for the dispute? Else, there is no way one can determine whether can win the case of the dispute which normally, and hardly, can win from best of my knowledge.
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waitlonglong2011
Senior |
19-Oct-2021 00:27
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https://links.sgx.com/1.0.0/corporate-announcements/GXULZD9LIR21AGJL/972ea6abdae250facb38791ac8ef3480a079fa437ec18d093972b2bf7f873c73 The above is the link to the same announcement and below was the message. So please do not mislead unaware investors.   The Board of Directors (&ldquo Directors&rdquo ) of QT Vascular Ltd. (&ldquo Company&rdquo , and together with its subsidiaries, &ldquo Group&rdquo ) wishes to announce that on 27 August 2021, InnoRa GmbH (&ldquo InnoRa&rdquo ), a licensor to TriReme Medical LLC (&ldquo TriReme&rdquo , a subsidiary of the Company in which the Company owns 1 share more than 50% of TriReme), of intellectual property for the application and incorporation of certain coating technologies with and into balloon catheters under a development and licence agreement dated 3 April 2011 between InnoRa and TriReme pertaining to Chocolate Touch® (&ldquo Product&rdquo ), is seeking to claim an amount of USD1,200,000 in royalties, being 30% of the initial payment made to TriReme, under the Sublicense Agreement of the asset purchase agreement between the Company, TriReme, G Vascular Private Limited (&ldquo Purchaser&rdquo ) and Genesis MedTech International Private Limited in relation to the disposal of the Product by TriReme to the Purchaser as announced in the Company&rsquo s announcement dated 27 August 2020, to be paid not later than 10 September 2021 as well as 30% of all future payments received by TriReme in connection with the aforesaid disposal. The Company disputes the claim by InnoRa and has engaged Arnold & Porter Kaye Scholer LLP, as legal counsel in the United States, to defend its interest.
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waitlonglong2011
Senior |
19-Oct-2021 00:24
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This came late as it supposed to be responding by 10 Sep.  Anyway, its a dispute claimant and with the trades done before the news/info is out publicly, isn' t there is a insider trade done which should be to subjected to SGX query? Better run if you can, just my feel.
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sklong138
Elite |
19-Oct-2021 00:17
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The Board of Directors of QT Vascular Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries, &ldquo Group&rdquo ) would like to update that on 13 October 2021, the Company&rsquo s wholly owned subsidiaries, TriReme Singapore Pte Ltd and Quattro Vascular Pte Ltd, had filed for a demand for arbitration against InnoRa GmbH (&ldquo InnoRa&rdquo ) with the American Arbitration Association&rsquo s San Francisco regional office, seeking declaratory judgements and damages of not less than USD1,000,000 from InnoRa (&ldquo Notice of Arbitration&rdquo ). This news is about QT' s subsidaries are filing a claim against InnoRa for damages not less than USD 1,000,000 which sounds as positive news for QT , if QT' s subsidaries  won the case, InnoRa will have to pay the damages of not less than USD 1,000,0000 to QT' s subsidaries , TriReme SIngapore.  Cheers. However, the  more important news is about the annoucement  on the finalization acquasition of Dental Asia in Nov 2021 which is what investors are  looking forward .    |
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Blackcitron
Member |
18-Oct-2021 23:46
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Sure the price went up today for a reason.
Suddenly have movement and the price is up and nownhabe this claim
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lucskywalker
Senior |
18-Oct-2021 23:33
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@.@ US$ 1million claim....... run...... | ||||
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sklong138
Elite |
18-Oct-2021 22:30
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It depends on BBs' mood tomorrow,  if BBs' mood is good, they may push up the share price up further.  😊  
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sklong138
Elite |
18-Oct-2021 18:08
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Good closing @0.007, up by 0.003 (75%)  in a single day.  Well done " cutie"   , you are really sweet and cute.    😊 🍻  
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sklong138
Elite |
18-Oct-2021 16:26
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Nov is just next month, around the corner,  let' s wait for the announcement.  🍻  
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sklong138
Elite |
18-Oct-2021 15:19
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No contra, buy & hold till Nov 2021 & huat together.  😊   | ||||
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